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Dec 31, 2012
12/12
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WBAL
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. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cann
. >> the taxes will go up on most americans. huge cuts kick in. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell...
692
692
Jan 1, 2013
01/13
by
CNNW
tv
eye 692
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following breaking news out of washington where lawmakers have reached a deal on the fiscal budget and the tax deal -- >> now, will i be able to have a part -- >> no, you will not be allowed -- >> who might come on? >> vice president biden. and we'll bring on wolf blitz person. >> who is on the show? >> he's not on the show. >> is he on the new bravo show? >> no, he's not. >> and rihanna live here on cnn singing "ode to anderson," "calvin harris and swedish house mafia. who's calvin harris? >> okay, let me take this part. isha, help me. >> brooke is in new orleans tonight. we'll check in with her a little bit later. >> i wonder if anybody will be drunk when brook baldwin is in new orleans. it will be like a roundtable, "meet the press" type of thing. >> did you ever make out with david gregory? >> no. >> i have a little thing for him. >> you a thing for everybody. you have a thing for david gergen. >> david gergen, just google me, trust me, ladies. >> also john zarella is in key west, florida. giant shoe sigh 88, filled with a drag queen named sushi. >> she's kind of our honey boo boo. we put
following breaking news out of washington where lawmakers have reached a deal on the fiscal budget and the tax deal -- >> now, will i be able to have a part -- >> no, you will not be allowed -- >> who might come on? >> vice president biden. and we'll bring on wolf blitz person. >> who is on the show? >> he's not on the show. >> is he on the new bravo show? >> no, he's not. >> and rihanna live here on cnn singing "ode to anderson,"...
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288
Dec 30, 2012
12/12
by
KGO
tv
eye 288
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68% and secondly the death tax. 55% rate -- how fair -- >> let's go to the death tax. 6,000 of the wealthiest wealthiest estates are the difference between what president obama wants and jon kyl wants, $119 billion over ten years. for those 600,000 estates to give $119 billion away and instead take it out on cuts on medicare and roads and education is unconscionable. >> if you look at the bigger picture for a second, we've known for two years that these tax cuts would be expiring the day after tomorrow or the end of the day tomorrow. we've known these automatic cuts, the so-called -- this was going to be happening for more than a year. aren't you a little embarrassed as leaders in the congress that it has gotten to this point that tomorrow is new year's eve, the day it all expires, and you still don't have an agreement? i mean, we've been having this argument for two years. >> it is embarrassing but almost every disagreement we've had is not because of a senate where we've had lots of -- we've come to agreement on many things. there are 50 hard right people in the house who don't want to comp
68% and secondly the death tax. 55% rate -- how fair -- >> let's go to the death tax. 6,000 of the wealthiest wealthiest estates are the difference between what president obama wants and jon kyl wants, $119 billion over ten years. for those 600,000 estates to give $119 billion away and instead take it out on cuts on medicare and roads and education is unconscionable. >> if you look at the bigger picture for a second, we've known for two years that these tax cuts would be expiring...
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Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 207
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a new tax coming out. the tax will be put on devices that range from mri's to prosthetics and items in every doctor's office and veterinary offices. it will be passed alongg to consumers and manufacturers say it will result in job loss and stifle innovation and upon send jobs over seas. we went to one manufacturer. adm electronics that employs 19 people to ask them what it means for their industry. >> your company is about to be hit with a 2.3 percent tax on medical devices. >> it means more. it is on gross sales and that can hurt the number of people working for us and number of sales and increase the costs of our device. >> this is a family run business and been in business 40 years. how does it plea out for your company? >> we tried not to lose our employees because we are like family and the devastating impact we may not be able to sustain the number of employees. >> we might have to lay someone off which i have never done before. it is it a tough thing to have to tell somebody. you have no job. >> and
a new tax coming out. the tax will be put on devices that range from mri's to prosthetics and items in every doctor's office and veterinary offices. it will be passed alongg to consumers and manufacturers say it will result in job loss and stifle innovation and upon send jobs over seas. we went to one manufacturer. adm electronics that employs 19 people to ask them what it means for their industry. >> your company is about to be hit with a 2.3 percent tax on medical devices. >> it...
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580
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 580
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>> okay, if you tax people over $250,000. >> wait a second, okay. >> tax them over a million, you might bring in on the best of years, you might bring-- wait a second you might bring in 80 billion dollars for a year. 60 billion of that is already spoken for in storm damage relief hurricane sandy. you're doing nothing towards getting a deficit situation solved, nothing at all. >> that's it. >> and you slow the economy and the deficit is worse in the future. >> and the republican party say that we shouldn't have-- we're talking. >> what? >> rate-aphobes, and grover cleveland or whatever-- >> that's the president. >> and took millions off the roles, 0 probable did and a fair 10% tax bracket and-- >> and a lot of those people-- why do you jeopardize all of the tax cuts for rich people? >> people who understand this think that that defense is disgusting, for ten years all they said was that president bush only provided tax cuts that benefitted the rich. that was a talking point for years. all of a sudden, it's like, oak, well, he we didn't mean that. >> a lot of that was true. >> and in the
>> okay, if you tax people over $250,000. >> wait a second, okay. >> tax them over a million, you might bring in on the best of years, you might bring-- wait a second you might bring in 80 billion dollars for a year. 60 billion of that is already spoken for in storm damage relief hurricane sandy. you're doing nothing towards getting a deficit situation solved, nothing at all. >> that's it. >> and you slow the economy and the deficit is worse in the future. >>...
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151
Dec 27, 2012
12/12
by
CNNW
tv
eye 151
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five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the mix up between sending a plan and not sending a plan by the president? >> hi, john. the bottom line is both sides want to take action and before senat senator mcconnell decides whether to filibuster the measure and whether the other republicans in the party will filibuster, they have to see the details in the proposal. will there be an estate tax provision? how will unemployment which is expected to be extended? will it be paid for? what spending measures will be in this and spending cuts, etc. there will be more details spelled out and where will that come from? will it com
five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the mix up between sending a plan and not sending a...
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283
Dec 31, 2012
12/12
by
KGO
tv
eye 283
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the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. >>> the leaders in the house and the senate did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a gallon next month if lawmakers failed to extend it. the agreement prevents the government from returning to a 1948 formula to set milk prices. some economists call this the dairy cliff. >>> today was the last sunday for free meter parking in san francisco. next sunday you will have to pay from noon to 6:00 p.m. atish ifer man's wharf from noon un
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35,...
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737
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technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans were not happy with what they heard from president obama who held a campaign-style event at the white house. >> i'm going to be president for the next four years, i think. >> reporter: effectively continuing the partisans' bickering we've long seen. >> time to stop the cheerleading and campaigning. >> i know the president enjoys heckling and having pep rallies to get congress to act instead of sitting down and negotiating. >> reporter: now the big new year's test, can it pass in the house? for "good morning america," jonathan karl, abc news, washington. >>> president obama
technically everybody's taxes have already gone up. the tax cuts have expired. but if the bill can pass in the house in the next day or two, the tax cuts can be made retroactive. the bill, if it passes, would extend tax cuts for all workers earning under $400,000. it would prevent a big tax hike estates values at less than $5 million and it would extend unemployment benefits set to expire today for some 2 million people. even as they closed in on that deal yesterday, congressional republicans...
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749
Dec 31, 2012
12/12
by
KRON
tv
eye 749
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taxes to stay where they are. others want to see government spending put in check. >> the president has done nothing about the addiction and his administration has in spending. he is the center in chief. >> president obama says i offered over a trillion dollars and additional spending cuts. so we would have to dollars of spending cuts for every $1 of increased revenue. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> secretary of state hillary clinton is in the hospital with a blood clot. doctors say this is a medical problem related to a concussion suffered. the blood clot was found yesterday during a follow-up visit for her concussion. at this is video of new york presbyterian hospital where she is staying right now. 65 you're a clinton severed a concussion several weeks ago after fainting while recovering from a stomach virus. she was supposed to return to work this week. rain in the new year
taxes to stay where they are. others want to see government spending put in check. >> the president has done nothing about the addiction and his administration has in spending. he is the center in chief. >> president obama says i offered over a trillion dollars and additional spending cuts. so we would have to dollars of spending cuts for every $1 of increased revenue. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing...
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276
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 276
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>> higher taxes and entitlement cuts. harris: before you go, i hear a huge however, in all of this and that's because the only thing you say would slow down a positive outlook is the federal government getting in the way. you know they're pretty good at that. >> look what happened, not only 12 months but really the last almost four years the economy should have been on a natural high. it has its own momentum, its own natural growth. unemployment has been historically terrible on these kind of recoveries. washington interfering with the natural growth of the economy. we do need to get them out of the way. we need them to make decisions give ground rules and make a head of steam. harris: you call white house, call congress, let us know how it works out. >> i've been down to washington and talked to political leaders. everybody is in one camp or the other. somebody has to give. we hope they compromise soon. harris: dominic, thank you, a financial advisor giving us advice today. thank you. >> have a great day. harris: you too
>> higher taxes and entitlement cuts. harris: before you go, i hear a huge however, in all of this and that's because the only thing you say would slow down a positive outlook is the federal government getting in the way. you know they're pretty good at that. >> look what happened, not only 12 months but really the last almost four years the economy should have been on a natural high. it has its own momentum, its own natural growth. unemployment has been historically terrible on...
SFGTV2: San Francisco Government Television
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94
Dec 29, 2012
12/12
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SFGTV2
tv
eye 94
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you spend $3 trillion on the budget and tax cut for the wealthiest americans and took their money to the camen islands and not in america and having huge threats and medicaid and medicare and threaten the scpeerns that is violence. number one and must commit ourselves to the ban on assault weapons. we lost about 6,000 americans in iraq in 10 years. lose 30 to 50,000 a home at home. 100,000 are injured and didn't die and the highest cost in any city is the emergency room hospitals in those cities where they're shot. [inaudible] shot by ak47's. we have a lot of role in the killing of syria. 9/11 /12 in benghazi. [inaudible] yards away. we must revive the ban on these adult suspects. i don't want to. >> >> >> deemphasize the drug culture and americans and so we have this crisis mr. mayor of plants closing when the cheap labor markets, jobs leaving, drugs and guns coming. that requires a national effort by all of us. while i reach out to you in san francisco those that hear my voice please stop the killing. please stop drug flow. please give peace a chance. in this instance means that la
you spend $3 trillion on the budget and tax cut for the wealthiest americans and took their money to the camen islands and not in america and having huge threats and medicaid and medicare and threaten the scpeerns that is violence. number one and must commit ourselves to the ban on assault weapons. we lost about 6,000 americans in iraq in 10 years. lose 30 to 50,000 a home at home. 100,000 are injured and didn't die and the highest cost in any city is the emergency room hospitals in those...
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249
Dec 31, 2012
12/12
by
KGO
tv
eye 249
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that would hurt our economy badly. >> one of the major sticking points appear to be where income tax increases should kick in. they waivered from $250,000 to as high as $1 million. >> tried to give police the slip and then disappeared. the family launches their own effort to find him. >> a bay area county is hosting a gun buyback program with a twist, and areles asking people to turn in an item that might be in your living room right now. >> thrill be rain for the last day of the gleer we'll look at the seven-day forecast coming up. >> later, the scoop about a possible new project for apple. an iphone that >> the family of a suspected drunk driver who disappeared while trying to outrun police is offering an award to find him. anthony donaldson has been missing since he scrimped into the court at the madera creek to avoid a sobriety checkpoint. authorities searched the creek on thursday but there was no sign of donaldson. his family hopes someone with a boat can help them search the creek. >> officials in marin will be buying back guns and violent video games at five locations. the bu
that would hurt our economy badly. >> one of the major sticking points appear to be where income tax increases should kick in. they waivered from $250,000 to as high as $1 million. >> tried to give police the slip and then disappeared. the family launches their own effort to find him. >> a bay area county is hosting a gun buyback program with a twist, and areles asking people to turn in an item that might be in your living room right now. >> thrill be rain for the last...
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159
Dec 31, 2012
12/12
by
WRC
tv
eye 159
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they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're be
they're stuck on the income threshold for higher taxes and the taxevel on large estates. vice president joe biden has taken over as lead negotiator for democrats and expected to keep working with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >>...
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460
Dec 31, 2012
12/12
by
KRON
tv
eye 460
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quote 2
republicans want tax cuts to stay where they are. president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts. so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stand in recess. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> i am andrew spencer reporting. >> the time is 4:30. we will follow the fiscal cliff. lawmakers will meet in about three and one-half hours 8:00 a.m. our time. we will give you more during the kron 4 morning news. we will take it to erica was calling the weather and traffic. good morning erica. >> good morning will. is the last day of 2012 and a clear start to the morning. a lot of people have the day off. it is cold out there. we have frost developing. in some locations actually will drop into the mid-20s. that is reserved for the protective valley. it is cold out there and we are not at your morning l
republicans want tax cuts to stay where they are. president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts. so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stand in recess. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> i am andrew spencer reporting....
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Dec 30, 2012
12/12
by
MSNBCW
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eye 163
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i think the payroll tax was so for the making tax credit. so when that wasn't renewed that was the best option. i think the payroll tax cut is the best option. i feel like i'm one note on this but to go back to what i said earlier. ultimately, what will keep social security sustainable is the rate of growth in the economy. and i had to trade a couple more years of reduced revenue for social security for more growth, i think more growth is the right trade to make. i'm worried -- a lot of worrying about if we keep the payroll tax low or we lose money for social security over the long term? probably, but i think it's offset by the additional growth you get from just having lower unemployment and faster gdp growth and the whole nine yards. >> one thing that the way they have deviced the payroll tax holiday, they say technically speaking they're not taking money from social security. they're replacing it with money from the general budget. so you never actually have, a gap. but the concern is that that ends up lumping together social security, wh
i think the payroll tax was so for the making tax credit. so when that wasn't renewed that was the best option. i think the payroll tax cut is the best option. i feel like i'm one note on this but to go back to what i said earlier. ultimately, what will keep social security sustainable is the rate of growth in the economy. and i had to trade a couple more years of reduced revenue for social security for more growth, i think more growth is the right trade to make. i'm worried -- a lot of...
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941
Dec 31, 2012
12/12
by
WJLA
tv
eye 941
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republicans want a higher income tax threshold. republicans want to keep the estate tax from going up. and there's no agreement on what to do about automatic spending cuts. those are set to go into effect on january 2. >>> now to a deadly bus crash on a slick highway in eastern oregon. a tour because went off an icy section of interstate 84 yesterday morning and tumbled down a steep embankment, killing 9 and injuring more than 20 others. the bus was traveling from las vegas to vancouver when it lost control. the driver survived but was too badly hurt to speak with police. >>> here is your new year's eve forecast. up to a foot of mountain snow in the southern rockies. 5 inches from kansas to southern illinois. thunderstorms from much of texas, oklahoma city, little rock and memphis. rain and mountain snow in the northwest. flurries from michigan to northern new england. >> chilly from the west coast to the midwest and northeast. 20s in the northern rockies. just 2 degrees in fargo and 14 in minneapolis. 30s from chicago to new york.
republicans want a higher income tax threshold. republicans want to keep the estate tax from going up. and there's no agreement on what to do about automatic spending cuts. those are set to go into effect on january 2. >>> now to a deadly bus crash on a slick highway in eastern oregon. a tour because went off an icy section of interstate 84 yesterday morning and tumbled down a steep embankment, killing 9 and injuring more than 20 others. the bus was traveling from las vegas to...
84
84
Dec 30, 2012
12/12
by
CSPAN
tv
eye 84
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taxes. if they want to live in america, they should otherwise go back to where they came from. if you have got people just sitting there in the 51%, just sitting without rolling, we need to get them out of the boat. here's the thing, if you have a house and cannot pay your bills, you shut off the cable, the cell phone, you get rid of the excess going to mcdonald's when you do not have the money. we have a spending situation in our government and no one wants to shut it off. the thing about it is the american people want to keep printing money, but there is a day of reckoning coming. when it comes there will be no military and we will have chaos. host -- >> it seems that much of that is focusing on the sequestration budget cuts and the cliff. set to happen and take effect on january 31. other members of other sunday shows -- by the way, we air all of the network's sunday programs on c-span radio. here is what they had to say this morning on "state of the union." [video clip] >> you have to fo
taxes. if they want to live in america, they should otherwise go back to where they came from. if you have got people just sitting there in the 51%, just sitting without rolling, we need to get them out of the boat. here's the thing, if you have a house and cannot pay your bills, you shut off the cable, the cell phone, you get rid of the excess going to mcdonald's when you do not have the money. we have a spending situation in our government and no one wants to shut it off. the thing about it...
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389
Dec 31, 2012
12/12
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CNNW
tv
eye 389
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childcare and dependent tax credit. earned income tax credit. and the american opportunity tax credit, part of the stimulus the president pushed through in 2009. that's a tax credit for people sending kids through college. these would refer to earlier tax credit levels. that would be money out of people's pockets. a lot of people who say this say it definitely hurts lower income families more than anything else. that said, i just spoke to senator johnny isakson, a republican, and he's sounding optimistic. >> i think we stand close to a deal. first of all, i'm not sure i have the inside information, but i do believe that the revenue issue is no longer a question. the question is making sure that any new revenues go toward debt spending reduction and deficit relief rather than new spending. it's deficits that got us into this problem. it's only reducing the deficit that's will get us out of this problem. >> the key there is it's my best belief that they've reached an agreement on revenues, that means on this issue of raising taxes on the wealthies
childcare and dependent tax credit. earned income tax credit. and the american opportunity tax credit, part of the stimulus the president pushed through in 2009. that's a tax credit for people sending kids through college. these would refer to earlier tax credit levels. that would be money out of people's pockets. a lot of people who say this say it definitely hurts lower income families more than anything else. that said, i just spoke to senator johnny isakson, a republican, and he's sounding...
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Dec 27, 2012
12/12
by
LINKTV
tv
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leaders remain at a crossroads on reaching a budget deal before the combination of spending cuts and tax hikes kicks in with the new year. on wednesday, treasury secretary timothy geithner told congress the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has acknowledged for the first time a carried out a september drone strike that killed 11 people in yemen. the victims were packed into ain truck on a desert road in a town of radda when they're struck by a missile. the washington post reports the yemeni government tried to hide u.s. responsibility for the attack by taking credit for carrying it out. the yemeni government also initially claimed only militants were killed in the strike, or forced to withdraw that claim after mourners tried to bring the dead bodies to the gates of the presidential residence. according to the washington post, the attack has dev
leaders remain at a crossroads on reaching a budget deal before the combination of spending cuts and tax hikes kicks in with the new year. on wednesday, treasury secretary timothy geithner told congress the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has...
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166
Dec 31, 2012
12/12
by
KGO
tv
eye 166
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the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. ders in the hte did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a gallon next month if lawmakers failed to extend it. the agreement prevents the government from returning to a 1948 formula to set milk prices. some economists call this the dairy cliff. >>> today was the last sunday for free meter parking in san francisco. next sunday you will have to pay from noon to 6:00 p.m. atish ifer man's wharf from noon until 7:00 p.m. the city set u
the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35,...
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Dec 27, 2012
12/12
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CNNW
tv
eye 350
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all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and obama care taxes hit, meaning a 0.9% jump in the medicare payroll tax for those earning $200,000 or more. but what about the house of representatives? they left town after republicans failed to bring a vote on their own plan b last week. ohio republican congressman steve latourette seems kpas rat -- kpas rated about all of this. you're on your way out and you repudiated the norquist pledge which you signed back in 1994. tell me why? >> well, i repudiated it because, listen, it's not 1994 anymore. the world has moved on. we have the euro, we've had september 11th, a lot of things have happened. and quite frankly, this calls for a big solution. it ca
all the bush tax cuts, all of them will expire with taxes going up an average of $1600 per household. the payroll tax holiday also expires. that means the tax burden will go up an average $z700 per household extra. extended unemployment benefits expire so collection shrinks from 93 weeks to 26 weeks. the medicare doc fix expires, that means a 27% cut in physician payments. the alternative minimum tax expands to 27 million more americans and obama care taxes hit, meaning a 0.9% jump in the...
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Dec 28, 2012
12/12
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WTTG
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taxes on those people earning more than a million. not much has really changed before christmas. we'll see if the meeting today will change any of that. back to you. >> sherri ly reporting, thank you. >>> making headlines overseas this morning, rebels are closing in on the capitol and the u.s. is closing our embassy there. the state department is ordering the american ambassador and all his staff to leave immediately. rebels took 10 more towns in the last couple of days. air force cargo plane evacuated 40 americans overnight. and the u.s. is telling all american citizens in the central african republic to get out now. >>> in russia, president vladimir putin signed a bill banning americans from adopting russian children. the law is reportedly in retaliation for a new law in the u.s. that calls for sanctions against russian officials for human rights abuses. it takes effect january 1 and it blocks dozens of children already in the process of being adopted by americans from leaving russia. >>> still ahead at 8:00, the president of a nati
taxes on those people earning more than a million. not much has really changed before christmas. we'll see if the meeting today will change any of that. back to you. >> sherri ly reporting, thank you. >>> making headlines overseas this morning, rebels are closing in on the capitol and the u.s. is closing our embassy there. the state department is ordering the american ambassador and all his staff to leave immediately. rebels took 10 more towns in the last couple of days. air...
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Jan 1, 2013
01/13
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FOXNEWSW
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, he got $3 worth of tax cuts for every $1 in tax hikes. the tax cuts never came. however -- and this is the ratio right now. as juliet mentioned. 4 # 2-1. $42 in new tax hikes to every dollar in spending cuts. a lot of conservatives do not like that. that is not a good deal to them. >> the house has not voted yet. this is going to be in their hands at this point. john boehner is like we've got to look at things. it's not going to happen overnight. >> it seems like a couple of weeks ago but it was about a week ago when the house of representatives voted on boehner's plan b which would have set the threshold at $1 million. now they're going to vote on it at $450,000. you've got to figure a lot of republicans aren't going to go along. >> what exactly happened? we're going to go over this in detail with chad who saw the play-by-play and was e-mailing us the play-by-play. mitch mcconnell called up -- bypassed senator reid who never got back to him on saturday and said can i speak to the vice president, joe biden? we're used to cutting deals tog
, he got $3 worth of tax cuts for every $1 in tax hikes. the tax cuts never came. however -- and this is the ratio right now. as juliet mentioned. 4 # 2-1. $42 in new tax hikes to every dollar in spending cuts. a lot of conservatives do not like that. that is not a good deal to them. >> the house has not voted yet. this is going to be in their hands at this point. john boehner is like we've got to look at things. it's not going to happen overnight. >> it seems like a couple of weeks...
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Dec 29, 2012
12/12
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CSPAN2
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the end of the single largest tax cut was the extension of the alternative minimum tax which came from chuck grassley who ultimately voted against the plan. three and a half weeks in of a single republican in the house votes for it and three msm at not including those that had their amendments added, and we move on from there from of a single one voting for a reason to deviate to initiative. that for me represents a difference. and a difference would suggest a willingness to try to figure out how you can solve some problems even if there are other places you want to stop on the president and democrats did that with bush at other times but the contrast between where the two parties are now. so they are no angels here but we do have one party that this not that far from the mid fielder area of the weeks moved and the other party is behind its goal post. >> i see the problems with both sides. i don't like the training because who decides where the middle of the field is and so a lot of republicans would probably say yes but we have set for 40 years we don't want to go there and now at our
the end of the single largest tax cut was the extension of the alternative minimum tax which came from chuck grassley who ultimately voted against the plan. three and a half weeks in of a single republican in the house votes for it and three msm at not including those that had their amendments added, and we move on from there from of a single one voting for a reason to deviate to initiative. that for me represents a difference. and a difference would suggest a willingness to try to figure out...
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100
Dec 29, 2012
12/12
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CSPAN2
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listen, the answer is grover norquist no new tax pledge. that alone would free the republican party to engage in good faith, sensitive negotiations. everybody knows that our taxes are now at an historic low in the contemporary era and they're going to go out sort of naturally. and with the aging of the population, i guarantee you will be somewhere around 22% gdp. wouldn't it be nice if we could acknowledge that and say what's the most bowl, efficient way to structure a tax system, probably progressive consumption tax direct it in ways to accomplish a whole host of object is. as long as you have that pledge to which members signed, it's hopeless. the republican party cannot be a player in any constructive resolution of the problems confronting the country. there is no political space for a third-party to occupy. it's based on a presumption. we have two extreme parties and there's this great center to mobilize and i'm deeply skeptical that there's room for such a party and would really play a constructive role. is it going to get worse than i
listen, the answer is grover norquist no new tax pledge. that alone would free the republican party to engage in good faith, sensitive negotiations. everybody knows that our taxes are now at an historic low in the contemporary era and they're going to go out sort of naturally. and with the aging of the population, i guarantee you will be somewhere around 22% gdp. wouldn't it be nice if we could acknowledge that and say what's the most bowl, efficient way to structure a tax system, probably...
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201
Dec 25, 2012
12/12
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CSPAN
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increase january 1, the payroll tax will go up. we had a bit of a bend because of the recession and the attempt to put more money in people's pockets so you were taking money away from social security in that regard. it is not that people have been spending it, it has become as opposed to locked in a box -- it has become more fungible in terms of the economic crisis. politicians have spent some of the social security money but the bigger issues is with medicare and entitlement programs that have grown larger a last few decades. some of them will get partially cut -- things like supplements for seniors and food programs -- those things are now on the table. the age of eligibility for medicare, even the republicans are open to that idea. president obama is open to the idea of linking the consumer price index to a lower rate of growth, the so-called chain cpi and what that will mean for medicare and social security and all the entitlement programs. it will slow growth and decrease the amount of checks that go out to people who get mon
increase january 1, the payroll tax will go up. we had a bit of a bend because of the recession and the attempt to put more money in people's pockets so you were taking money away from social security in that regard. it is not that people have been spending it, it has become as opposed to locked in a box -- it has become more fungible in terms of the economic crisis. politicians have spent some of the social security money but the bigger issues is with medicare and entitlement programs that...
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Dec 30, 2012
12/12
by
MSNBCW
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eye 349
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i don't care about your tax policy, you are not a moderate. >> we were not talking abortion. we had birth control on the table. >> i say this to my friends. i felt they were trying to kill me with women's policies. i'm one of those freaky people that takes birth control medicinely. i take nothing else prescription. that is all i take. so, they don't want me to take my birth control. if i get knocked up, it will kill me like shelby from "steel magnolias" but they won't let me have an abortion. apparently, birth control is 99.8% successful. i did get knocked up. i had a miscarriage but i still had to have an abortion. they would want you to wait until you went septic like the woman did in ireland. their goal was to kill me. i talked to my sisters and we decided to sink them first. >> seriously, to sink them first. when we look at the numbers, what happened? when there are ways to read the outcomes, basically women voters in this election, i think didn't feel the sense of trying to be killed, but when you saw women overall chose president obama over mitt romney, 55 to 44. there
i don't care about your tax policy, you are not a moderate. >> we were not talking abortion. we had birth control on the table. >> i say this to my friends. i felt they were trying to kill me with women's policies. i'm one of those freaky people that takes birth control medicinely. i take nothing else prescription. that is all i take. so, they don't want me to take my birth control. if i get knocked up, it will kill me like shelby from "steel magnolias" but they won't let...
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Dec 27, 2012
12/12
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KRON
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without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> vicki: starbucks will publicly take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message, urging them to come together to find common ground." both sides are due back by thursday and have vowed to make a final attempt. starbucks notes workers are not required to write the message on cups. >> 49ers sunday at candlestick with a chance to clinch the division title kron four's jason appelbaum joins me now with more. .jason the team's a little banged up right? >> manning's am >> vernon davis, manning >> . >> and justin smith at this kind of the big one, butthe injuries shouldn't be a problem sunday with an arizona team in town that has lost 9 of it's last 10 games coach jim harbaugh's team a two-touchdown favori
without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> vicki: starbucks will publicly take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message,...